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May 14, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Mondovi, Business Loans > United Bank Mondovi Business Loans > Rv Parks And Campgrounds Loan | ||||
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How to Get SBA Money in Nevada, Ohio
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United Bank Gives SBA Loan to Rv Parks And Campgrounds CompanyOhioBank loans are available to Ohio firms through the SBA. In this case, a Wisconsin bank provides the loan. You can learn something about getting a small business loan in Nevada, Ohio by studying this loan to a local company, made back in 2003. Banks like United Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: RV PARKS AND CAMPGROUNDS SBA Loan Lender UNITED BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721211 - RV Parks and Campgrounds Loan Approval Date 7/9/2003 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into United Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Good Banks for Small Business in Mondovi, Wisconsin Browse All Business Loan Sources for Wisconsin
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